Concerns of possible house price bubble

The video discusses the booming property market in London, highlighting concerns about a potential housing bubble. It provides evidence of rising property prices, both in London and nationally, and examines regional differences. The impact of government schemes like Help to Buy is also discussed, along with strategies for market normalization. The video concludes with a discussion on the challenges of entering the property market.

What are the main reasons for the current boom in London's property market?

What concerns does the business secretary have regarding the property market?

How have property prices changed in London over the past year?

What impact did the global financial crisis have on the housing market?

What is the government's help to buy mortgage scheme expected to do?